Denmark: Porous-Tipped Pen Market 2024

Porous-Tipped Pen Market Size in Denmark

For the third year in a row, the Danish porous-tipped pen market recorded growth in sales value, which increased by 207% to $X in 2021. Overall, consumption posted buoyant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Porous-Tipped Pen Production in Denmark

In value terms, porous-tipped pen production soared to $X in 2021 estimated in export price. In general, production, however, faced a precipitous curtailment. Porous-tipped pen production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Porous-Tipped Pen Exports

Exports from Denmark

In 2021, the amount of porous-tipped pens and markers exported from Denmark rose to X units, growing by 2.1% compared with the previous year's figure. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 102%. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, porous-tipped pen exports surged to $X in 2021. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X units) was the main destination for porous-tipped pen exports from Denmark, accounting for a 55% share of total exports. Moreover, porous-tipped pen exports to Sweden exceeded the volume sent to the second major destination, Germany (X units), fourfold. The third position in this ranking was taken by Norway (X units), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Sweden stood at +35.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+37.8% per year) and Norway (+26.5% per year).

In value terms, Sweden ($X) remains the key foreign market for porous-tipped pens and markers exports from Denmark, comprising 58% of total exports. The second position in the ranking was held by Germany ($X), with a 14% share of total exports. It was followed by Norway, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to Sweden amounted to +18.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+40.6% per year) and Norway (+25.7% per year).

Export Prices by Country

The average porous-tipped pen export price stood at $X per unit in 2021, rising by 46% against the previous year. In general, the export price, however, saw a abrupt decline. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.

Porous-Tipped Pen Imports

Imports into Denmark

In 2021, overseas purchases of porous-tipped pens and markers decreased by -23.7% to X units for the first time since 2018, thus ending a two-year rising trend. In general, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 88% against the previous year. Imports peaked at X units in 2020, and then declined remarkably in the following year.

In value terms, porous-tipped pen imports fell slightly to $X in 2021. Over the period under review, imports, however, saw a buoyant expansion. The growth pace was the most rapid in 2014 with an increase of 35% against the previous year. Over the period under review, imports attained the maximum at $X in 2020, and then declined slightly in the following year.

Imports by Country

Germany (X units), China (X units) and Sweden (X units) were the main suppliers of porous-tipped pen imports to Denmark, with a combined 90% share of total imports. Japan, Malaysia, France and the UK lagged somewhat behind, together accounting for a further 6.9%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +218.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Sweden ($X) were the largest porous-tipped pen suppliers to Denmark, with a combined 76% share of total imports. These countries were followed by Japan, Malaysia, France and the UK, which together accounted for a further 20%.

Malaysia, with a CAGR of +250.4%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average porous-tipped pen import price amounted to $X per unit, surging by 31% against the previous year. Over the period under review, the import price, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of 35%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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